Singapore to Exempt Bitcoin from Goods and Services Tax

[ad_1] The U.S. is increasingly running the risk of being left behind other nations unless its authorities soon address issues surrounding Bitcoin. One of the main problems facing the cryptocurrency is tax treatment. In this regard, Singapore is now taking the lead. Singapore to Exempt Bitcoin from Goods and Services Tax Several countries, such as Japan and Switzerland, are already taking action to boost the growth of their crypto industry.

‘To The Moon’, Is Where This Bitcoin Mining Rig Went

[ad_1] There are some people who get so hung up on the word ‘Can’ that they never consider the word ‘Should’. One of them has converted an Apollo space mission guidance computer into a Bitcoin mining rig. The Bitcoin Mining Rig That Already Mooned Ken Shirriff is a man with a passion, and that passion lies in the restoration of vintage computer hardware. For his latest project, Shirriff got hold of

Money and Democracy: Why You Never Get to Vote on the Most Important Part of Society

[ad_1] It’s very odd that citizens never get to vote or have any say in regard to society’s money, even though it’s one of the most important aspects of everyday life. In fact, in developed countries, most central banks are institutions that are privatized from political interference and history explains why. Also Read: IRS Agents Propose Draconian Tactics to Investigate Bitcoin Users Money: The World’s Most Powerful Weapon Most people

Bitcoin Finally Gets an ‘A’ From Weiss Ratings

[ad_1] Bitcoin is currently ranked top by Weiss Ratings with a grade of A–, making it the most technologically and economically advanced of all the cryptocurrencies. Bitcoin Attains Top Grade on Latest Weiss Rating for Crypto On the Weiss crypto website, bitcoin currently holds the top spot with an A– grade. This latest grade marks BTC’s highest ever score on the rankings. For the first few iterations of the rankings,

Facebook’s David Marcus Assures Congress That Libra Will Cooperate

[ad_1] David Marcus, the head of Calibra at Facebook, has written a letter to Chairwoman Maxine Waters and members of the House Financial Services Committee in preparation for the upcoming Libra hearings, according to a report by The Hill on July 9. According to the report, Marcus wrote, "I want to give you my personal assurance that we are committed to taking the time to do this right.”In addition to being

Uber Partners With Solve.Care to Use its Ethereum Network to Provide Medical Patients With Affordable Rides

[ad_1] Based on a recent report, Uber has forged a new partnership with blockchain technology firm Solve.Care which is expected to bring changes to the way healthcare professionals and patients are managing and coordinating medical appointments. Uber Health and Solve Care The ride-sharing giant has a healthcare subsidiary called Uber Health which is a HIPAA-compliant technology solution for healthcare organizations that allows hospitals and other healthcare professionals to ask for, manage

Crypto Researcher Glad He Left Deutsche Bank on Time

[ad_1] Medio Demarco, the co-founder of crypto-oriented research firm Delphi Digital, feels relieved that he left Deutsche Bank on time. Recently, the German banking giant announced massive restructuring. Demarco Was Prophetic by Turning to Crypto While cryptocurrencies made their way to secure a place among financial markets, large banks didn’t hesitate to criticize them and minimize their potential. For instance, JPMorgan’s Jamie Dimon infamously called Bitcoin a fraud while UBS

Chia Releases Green Paper Detailing Eco-Friendly Means of Crypto Mining

[ad_1] San Francisco-based tech firm Chia Network has released a green paper that describes an eco-friendly means of mining cryptocurrencies.The green paper provides a description of how proof of space and proof of time create a "Nakamoto-style" consensus algorithm for Chia’s blockchain. Specifically, Chia proposes to “farm” rather than mine to verify blockchains that issue cryptocurrencies, wherein proof of space and proof of time take the place of the proof

New York Attorney General Fights Dismissal Motion in Bitfinex, Tether Case

[ad_1] The office of the New York Attorney General (OAG) has claimed that crypto exchange Bitfinex and stablecoin firm Tether have been operating in New York into 2019, according to official documents filed in the New York State Courts on June 8.The OAG has submitted these documents to fight Bitfinex and Tether’s motion to dismiss the case, a motion filed in May. The defendants argued that the case should be

Italy to Lead European Blockchain Partnership Until July 2020

[ad_1] Italy, Sweden and the Czech Republic will share the next one-year presidency of the European Blockchain Partnership, Cointelegraph Italy reported on July 9.Following a meeting of the European Blockchain Partnership today in Brussels, the three countries took on the one-year presidency, which will last from July 2019 to July 2020.Marco Bellezza, Legal Advisor to Minister Di Maio for communications and digital innovation and Coordinator of the Italian delegation of